Larry’s risky business
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Oracular spectacular? | Image: Cath Virginia / The Verge
If you want to know whether the AI bubble is bursting, there's only one publicly traded company that will tell you: Oracle.
That's right, the database company. Oracle has burned its boats and pivoted to AI, but not in any kind of usual way. It is not a foundation model builder like OpenAI or Anthropic, obviously. It's not quite a neocloud, though it has entered the same bare-metal business as CoreWeave. It is a software-as-a-service company that has made an audacious bet on a very specific future version of AI as Oracle's traditional business has gracefully declined. It is significantly older than any of its AI competitors, save Microsoft, …
Read the full story at The Verge.
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